Common use of Responsibility of Dual Directors, Officers and/or Employees Clause in Contracts

Responsibility of Dual Directors, Officers and/or Employees. If any person who is a director, officer, equityholder or employee of the Sub-Adviser or its affiliates is or becomes a director, officer, equityholder and/or employee of the Company and acts as such in any business of the Company, then such director, officer, equityholder and/or employee of the Sub-Adviser or its affiliates shall be deemed to be acting in such capacity solely for the Company, and not as a director, officer, equityholder or employee of the Sub-Adviser or its affiliates or under the control or direction of the Sub-Adviser or its affiliates, even if paid by the Sub-Adviser.

Appears in 3 contracts

Samples: Investment Sub Advisory Agreement (Nuveen Churchill Direct Lending Corp.), Investment Sub Advisory Agreement (Nuveen Churchill Direct Lending Corp.), Investment Sub Advisory Agreement (Nuveen Churchill BDC INC.)

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Responsibility of Dual Directors, Officers and/or Employees. If any person who is a directormanager, officerpartner, equityholder officer or employee of the Sub-Adviser or its affiliates is or becomes a director, officer, equityholder officer and/or employee of the Company Fund and acts as such in any business of the CompanyFund, then such directormanager, officerpartner, equityholder officer and/or employee of the Sub-Adviser or its affiliates shall be deemed to be acting in such capacity solely for the CompanyFund, and not as a directormanager, officerpartner, equityholder officer or employee of the Sub-Adviser or its affiliates or under the control or direction of the Sub-Adviser or its affiliatesAdviser, even if paid by the Sub-AdviserAdviser or an affiliate thereof.

Appears in 2 contracts

Samples: Sub Advisory Agreement (Poolit Imagine Fund I, Inc.), Sub Advisory Agreement (Poolit Horizon Fund I, Inc.)

Responsibility of Dual Directors, Officers and/or Employees. If any person who is a director, officer, equityholder or employee of the Sub-Adviser or its affiliates is or becomes a director, officer, equityholder and/or employee of the Company Fund and acts as such in any business of the CompanyFund, then such director, officer, equityholder and/or employee of the Sub-Adviser or its affiliates shall be deemed to be acting in such capacity solely for the CompanyFund, and not as a director, officer, equityholder or employee of the Sub-Adviser or its affiliates or under the control or direction of the Sub-Adviser or its affiliates, even if paid by the Sub-Adviser.

Appears in 2 contracts

Samples: Investment Sub (FS Credit Income Fund), Investment Sub Advisory Agreement (FS Credit Income Fund)

Responsibility of Dual Directors, Officers and/or Employees. If any person who is a director, officermanager, equityholder partner, member, officer or employee of the Sub-Adviser or its affiliates is or becomes a director, officermanager, equityholder member, officer and/or employee of the Company Collateral Manager and acts as such in any business of the CompanyCollateral Manager, then such director, officermanager, equityholder partner, officer and/or employee of the Sub-Adviser or its affiliates shall be deemed to be acting in such capacity solely for the CompanyCollateral Manager, and not as a director, officermanager, equityholder partner, officer or employee of the Sub-Adviser or its affiliates or under the control or direction of the Sub-Adviser or its affiliatesAdviser, even if paid by the Sub-Adviser.

Appears in 1 contract

Samples: Management Agreement (Garrison Capital Inc.)

Responsibility of Dual Directors, Officers and/or Employees. If any person who is a directormanager, officerpartner, equityholder officer or employee of the Sub-Adviser or its affiliates is or becomes a director, officer, equityholder officer and/or employee of the Company and acts as such in any business of the Company, then such directormanager, officerpartner, equityholder officer and/or employee of the Sub-Adviser or its affiliates shall be deemed to be acting in such capacity solely for the Company, and not as a directormanager, officerpartner, equityholder officer or employee of the Sub-Adviser or its affiliates or under the control or direction of the Sub-Adviser or its affiliatesAdviser, even if paid by the Sub-AdviserAdviser or an affiliate thereof.

Appears in 1 contract

Samples: Sub Advisory Agreement (YieldStreet Prism Fund Inc.)

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Responsibility of Dual Directors, Officers and/or Employees. If any person who is a director, officer, equityholder or employee of the Sub-Adviser or its affiliates is or becomes a director, officer, equityholder and/or employee of the Company and acts as such in any business of the Company, then such director, officer, equityholder and/or employee of the Sub-Adviser or its affiliates shall be deemed to be acting in such capacity solely for the Company, and not as a director, officer, equityholder or employee of the Sub-Adviser or its affiliates or under the control or direction of the Sub-Adviser or its affiliates, even if paid by the Sub-Adviser. 7.

Appears in 1 contract

Samples: Nuveen Churchill Direct Lending Corp.

Responsibility of Dual Directors, Officers and/or Employees. If any person who is a director, officermanager, equityholder partner, member, officer or employee of the Sub-Adviser or its affiliates Advisor is or becomes a director, officermanager, equityholder member, officer and/or employee of the Company Collateral Manager and acts as such in any business of the CompanyCollateral Manager, then such director, officermanager, equityholder partner, officer and/or employee of the Sub-Adviser or its affiliates Advisor shall be deemed to be acting in such capacity solely for the CompanyCollateral Manager, and not as a director, officermanager, equityholder partner, officer or employee of the Sub-Adviser or its affiliates Advisor or under the control or direction of the Sub-Adviser or its affiliatesAdvisor, even if paid by the Sub-AdviserAdvisor.

Appears in 1 contract

Samples: Sub Advisory Agreement (Fifth Street Senior Floating Rate Corp.)

Responsibility of Dual Directors, Officers and/or Employees. If any person who is a director, officer, equityholder or employee of the Sub-Adviser or its affiliates is or becomes a directortrustee, officer, equityholder and/or employee of the Company Fund and acts as such in any business of the CompanyFund, then such directortrustee, officer, equityholder and/or employee of the Sub-Adviser or its affiliates shall be deemed to be acting in such capacity solely for the CompanyFund, and not as a director, officer, equityholder or employee of the Sub-Adviser or its affiliates or under the control or direction of the Sub-Adviser or its affiliates, even if paid by the Sub-Adviser.

Appears in 1 contract

Samples: Nuveen Churchill Private Capital Income Fund

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